Odyssey Group International Inc (ODYY)

[cabos_tacos]

Much of the new, wide-ranging subpoena focuses on texts, documents, and other communications related to pharmaceutical company Prevacus and its corporate affiliate PreSolMD.
Favre was the “largest individual outside investor and holder of corporate stock” in Prevacus, according to the state’s lawsuit. The former quarterback also at times served as spokesperson for a concussion drug it was manufacturing.
The state’s civil lawsuit alleges that in 2018, Favre encouraged Prevacus CEO Jacob VanLandingham to “solicit (nonprofit founder) Nancy New to use MDHS grant proceeds to invest in the stock of Prevacus.” New has already been criminally convicted in the scheme and agreed to cooperate with authorities in ongoing investigations.
Over the next year, more than $2 million in welfare funds was diverted to the company “for the purpose of securing ‘clinical trial sites’ to be located within Mississippi in order to promote an experimental anti-concussion drug” but, according to the state’s lawsuit, was instead used to buy stock in Prevacus for the people involved in the scheme.


https://share.newsbreak.com/1yzzwe4p